Risktec

What Risktec does

Risktec is a Zurich-based boutique risk technology firm founded in 2022 that designs, builds, and operates digital solutions for reinsurers, insurers, critical infrastructure providers, and public-sector institutions. The firm combines strategic advisory with technology implementation, targeting fragmented risk operations, legacy systems, and poor data quality as primary pain points. Its core technology is cloud-native — built on Microsoft Azure and AWS with Databricks, Snowflake, and ACORD-aligned data models — and combines workflow automation, API-based integration with industry-specific core systems (SICS, ADEPT), and AI-driven document intelligence for reinsurance contracts and claims.

Risktec sells two main software products alongside its consulting engagements: Claims Workbench (CWB), a cloud-based claims management platform with straight-through processing, audit trails, and API integrations that has been delivered to reinsurer Echo Re (a DEVK Group subsidiary) producing at least 0.5 FTE efficiency gains; and integre, a reference architecture for the reinsurance industry featuring underwriting-actuarial composition and contract intelligence, launched in April 2025 with its own product site. The firm also delivers broader cloud and data platform transformations and AI-driven business-insights solutions for mid-sized reinsurers.

Risktec's revenue model blends professional services — strategic advisory, architecture, implementation, and managed services under long-term partnership and embedded-engagement contracts — with product/solution licensing for platforms such as CWB and integre. Distribution is direct enterprise sales with no public pricing or self-serve channels, and the go-to-market is reinforced by thought-leadership publishing and conference presence. The company has grown to 50+ specialists across Europe, is founder-led (CEO Rene Turra, CPO Marco Peyer, CTO Sandro Nardi), and holds no disclosed external institutional investors.

Name

Risktec

Legal name

risktec Ltd

Website

https://risktec.io

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

Risktec is a Zurich-based boutique firm founded in 2022 that designs and delivers cloud-native, AI-enabled risk technology solutions — including the Claims Workbench and integre platforms — for reinsurers, insurers, critical infrastructure providers, and public-sector clients worldwide.

Ownership category

akta.pro rank

Product category

Reinsurance Technology and Risk Analytics

NAICS

Reinsurance Carriers (52413), Direct Insurance (except Life, Health, and Medical) Carriers (52412), Computer Systems Design Services (541512), Computer Systems Design and Related Services (54151), Finance and Insurance (52)

SIC

Fire, Marine & Casualty Insurance (6331), Finance Services (6199), Services-Computer Integrated Systems Design (7373), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Operational Risk, Controls & Business Continuity (Ops) (FSACALAL)

akta.pro secondary industry

Resilience Finance & Risk Transfer Analytics (Parametric Design, Cat Bonds, Public Risk Pools) (EUABALAK)

Keywords

• Reinsurance technology
• Risk analytics software
• Claims management platform
• Digital transformation consulting
• AI reinsurance solutions

Headquarters

HQ city

Zürich

HQ country

Switzerland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Professional Services: End-to-end technology solutions and consulting services including strategic advisory, architecture design, implementation, and managed services. Long-term collaboration model working as embedded partner or solution provider.
2. Product/Solution Licensing: Delivery of proprietary solutions such as Claims Workbench (CWB) and integre platform, which may include licensing components for deployed technology platforms.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Risktec designs, builds, and operates digital risk solutions for reinsurers, insurers, critical infrastructure providers, and the public sector. Its core offerings combine strategic advisory, architecture design, and implementation services with two proprietary products: Claims Workbench (CWB), a cloud-based claims management platform, and integre, a reference architecture for reinsurance with underwriting-actuarial composition and contract intelligence. Delivery is handled as an embedded partner or end-to-end solution provider on long-term engagements.

Product overview

Risktec operates as a boutique consulting and technology firm offering end-to-end risk transformation solutions for reinsurers, insurers, critical infrastructure providers, and the public sector. Their portfolio combines strategic advisory services with technology implementation, featuring two primary products: Claims Workbench (CWB) — a cloud-based claims management platform with workflow automation and API integrations; and integre — an integrated reinsurance reference architecture with underwriting-actuarial composition and contract intelligence. Additional offerings include cloud and data platform transformations and AI-driven analytics solutions, all delivered through a services model combining strategic advisory, architecture/integration, and digital solution design/build/operation.

Differentiator

Problem solved

Functional benefit

Products and services

• Claims Workbench (CWB) Cloud-based, centralized claims management platform for reinsurers featuring workflow automation, API integration with core systems (SICS, ADEPT), Straight Through Processing of ADEPT messages based on pre-defined thresholds and auto-approvers, and a user-centric design consolidating documents, approvals, and booking figures. Built on Microsoft Azure for scalability, governance, and security.
• integre Integrated reinsurance solution providing an industry best-practice reference architecture powered by underwriting-actuarial composition and contract intelligence. First solution designed specifically for the reinsurance industry, representing the assetization of Risktec's expertise into a scalable, high-impact technology product.
• Scalable Cloud and Data Platform solution Mid-sized reinsurer cloud transformation solution featuring automated cloud deployment, unified data model and governance, integration platform for seamless data flow, low-code/no-code platforms, AI-enabled document management, and a security and compliance framework.
• AI-Driven Business Insights platform AI-powered analytics platform for mid-sized reinsurers providing intelligent data extraction, automated document processing, and business intelligence dashboards for underwriting, claims, and portfolio management, with unified data models and governance.
• End-to-End Technology and Consulting Services Long-term partnership engagements delivered as an embedded partner or end-to-end solution provider, covering strategic advisory, architecture design, implementation, and managed services across reinsurance, insurance, critical infrastructure, and public-sector clients.

Quantifiable outcome

• At least 0.5 FTE efficiency gain in claims management operations (Echo Re case study)
• +6 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability8 records

Feature5 records

Partnerships

Eight partnerships are on record, tiered core.

• AWS (Amazon Web Services)coreTechnology or IntegrationCloud infrastructure partnership. Risktec leverages AWS cloud platforms for building scalable, cloud-native solutions for reinsurance applications. AWS provides the underlying infrastructure for data platforms and AI/ML solutions.
• MicrosoftcoreTechnology or IntegrationTechnology partnership using Microsoft Azure cloud platform. Risktec implements Claims Workbench and other solutions on Azure, leveraging Azure AI Foundry for LLM access and AI capabilities.
• ACORDcoreStrategic or Co-development PartnerIndustry standards partnership. ACORD is the standards organization for insurance and reinsurance, enabling interoperability and industry-standard data exchange in solutions.
• DatabrickscoreTechnology or IntegrationData analytics platform partnership. Risktec uses Databricks for unified analytics platform, enabling large-scale data processing and ML workflows for reinsurance data.
• SnowflakecoreTechnology or IntegrationCloud data platform partnership. Risktec leverages Snowflake for data warehousing, data sharing, and analytics workloads in reinsurance solutions.
• Echo RecoreStrategic or Co-development PartnerClient partnership for Claims Workbench implementation. Echo Re partnered with risktec to design and implement cloud-based claims management platform, achieving digital transformation outcomes.
• SICScoreTechnology or IntegrationIntegration partnership for real-time data exchange. Claims Workbench integrates with SICS system for improved accuracy and transparency in claims processing.
• ADEPTcoreTechnology or IntegrationIntegration partnership enabling straight-through processing of ADEPT messages. CWB platform achieves complete, risk-based no-touch processing of ADEPT messages based on pre-defined thresholds and auto-approvers.

Scale indicators3 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• Mphasis: IT services company with a strong insurance and reinsurance practice, delivering cloud, data, and AI solutions. Comparable to Risktec in its combination of insurance-domain consulting and platform engineering on hyperscaler stacks.
• EXL Service: Global professional services firm with a deep insurance and reinsurance vertical combining consulting, data analytics, and digital operations. Closest scaled analog to Risktec's boutique services-plus-product model for re/insurance transformation.
• Sollers Consulting: Warsaw-headquartered consultancy and technology firm dedicated to insurance and reinsurance digital transformation. Highly comparable boutique peer in the same vertical, working with global re/insurers on core systems and data platforms.
• Hyperexponential: London-based insurtech providing an AI-powered pricing and portfolio decisioning platform specifically for the specialty and reinsurance market. Highly comparable to Risktec given shared reinsurance focus, AI/data orientation, and tier-1 reinsurer customer base.
• Shift Technology: Paris-based AI platform for insurance claims fraud detection and automation. Directly comparable to Risktec's Claims Workbench offering — both apply AI to claims workflows for global insurers and reinsurers.
• Cytora: UK-based AI platform for commercial insurance underwriting, enabling risk digitization and decisioning. Comparable to Risktec's underwriting/contract intelligence capabilities in integre and shared target customer base of global insurers.

Broad incumbents

• Capgemini: Global consulting and technology services giant with a dedicated insurance and reinsurance practice. Competes with Risktec for transformation mandates at the largest global re/insurers, offering scale and breadth Risktec cannot match.
• Accenture: Largest global professional services firm with a sizable insurance industry group covering reinsurance strategy, technology, and operations. Direct competitor for large enterprise reinsurance transformation programs.
• Palantir Technologies: Data analytics and AI platform vendor with growing insurance and reinsurance footprint (e.g., Foundry deployments at large insurers). Comparable as a data/AI platform play targeting re/insurance decisioning and risk analytics.

Emerging players

• Thoughtworks: Global technology consultancy with deep insurance industry practice and proprietary AI/data engineering capabilities. Comparable in delivery model (cloud-native, AI-driven transformation) and increasingly competing for the same reinsurance modernization deals.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/risktec
• Xx.com/risktecteam

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Risktec